OREANDA-NEWS  On 27 October was announced, that Moody’s international rating agency deteriorated the Ukraine ratings outlook from ”positive" to “stable”. Moody’s explains its decision by low probability that ratings of Ukraine will be enhanced in the nearest 12-18 months.

Moody's has also lowered the ratings of Ukraine for deposits in local currency from Ваа1 to Ва1. The agency is concerned that instability in the global markets may negatively influence the Ukrainian financial and economic system.

Following the country rating downgrade Moody's announced that it lowered the ratings of Kyiv, twelve Ukrainian banks (including that are really traded) as well as of Zaporizhstal (PFTS: ZPST) to “stable”, while of Metinves and Azovstal (PFTS: AZST) to “negative".

Besides, Fitch rating agency deteriorated the ratings outlook of Interpipe corporation and Industrial Union of Donbas concern from “positive” to “negative”. This fact may be explained by necessity to downgrade the corporate issuers ratings after lowering of the country rating of Ukraine.